03-26-2013 05:20 PM
I am curious about this. Most every time I see these comparisons, it seems to me that FAKO scores are anywhere from a bit higher to extremely higher than FICO scores. As I look at my new credit monitoring service reports, as well as CK, my FAKO scores are quite a bit lower than my FICO scores. Anyways, I'm just wondering if anyone else experiences this.
Gardening since 7-09-13
03-26-2013 09:22 PM
Some of my FAKOs are higher some lower. They vary a lot. Come to think of it my actual FICOs vary quite a bit as well from one version to another.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO